Singapore: Singapore has a new powerhouse bunker supplier with news Britain’s BP and China’s Sinopec are forming a bunker storage and sales joint venture in the Lion Republic.
The 50/50 joint venture will use both companies’ existing bunkering locations and activities in the city and will provide bunkers around the world. Both companies already have significant bunkering presences in Singapore.
“The ports served by BP Sinopec Marine Fuels Pte Ltd will be: Singapore; Fujairah, United Arab Emirates; Antwerp, Belgium; Rotterdam and Amsterdam in the Netherlands; Tianjin, Qingdao, Shanghai, Ningbo and Shenzhen, China,” the statement said.